The state of contemporary economics had been a subject of discussion even before the most recent global financial …. Nevertheless, there is neither a consensus over the form of pluralism that is required (whether this is a theory, method, or … paradigm pluralism, for example), nor agreement among economists over the underlying diagnosis of a lack of pluralism. Even the …

pluralism, the definition and project of heterodox economics, its relationship to the changing form of mainstream, and the merit …The renowned institutionalist Geoffrey Hodgson has claimed inter alia that heterodox economics has failed to define its … nature and scope, does not take pluralism seriously, and lacks expertise concentration to ensure quality which means it has …

Economics as a discipline is currently in disarray. In the aftermath of the global financial crisis, academic experts …, students, commentators, practitioners and politicians all questioned the status of academic economics and many called for a … teaching. Furthermore, economic policy based on mainstream economics is still prevalent. It is therefore necessary to consider …

science with a special emphasis on economics. In this case we observe a multitude of interesting effects on both, the level of …